Making Yields Great Again: Trump Unleashes A “Bigly Rates Repricing”

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies, Market Commentary

The past two days have seen some historic moves in US Treasury rates, where as a result of a Yuuuge repricing in the long end…
… which have seen 30Y TSYs plunge 5% since Trump’s win, a stark reminder of just what “duration” means…
… leading to the biggest drop in 30Y TSYs since October 2011, when the Fed bailed out the world…
… sending the Yield on the 10Y to perfectly match the S&P500’s dividend yield.

This post was published at Zero Hedge on Nov 10, 2016.